Baltimore is launching an investigation into a small number of out-of-state investors who, the mayor’s office claims, are behind a mortgage fraud scheme.
Mayor Brandon Scott has tasked the City’s Law Department and Office of Equity and Civil Rights to investigate possible violations of the Fair Housing Act, saying the alleged scheme has led to foreclosures in the city.
“Protecting Baltimoreans is my number one job as Mayor, and that means going after anyone who tries to defraud our residents — especially from outside of the city,” Mayor Scott said in a statement…